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Benchmarks had fallen more than 7 per cent last week on hopes that Iran and Oman were close...
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Silver price (XAG/USD) trades in a tight range at around $63.50 during the Asian trading session at the start of the week.
AUD/USD inches lower after registering modest gains in the previous day, trading around 0.7060 during the Asian hours on Monday.
The USD/CAD pair attracts some dip-buyers at the start of a new week and recovers a part of Friday's heavy losses to the 1.3925 area, or a nearly two-month low.
US wheat futures jumped to the highest in more than a week, as disruptions to shipping in the Black Sea raised the prospect of supply shortages from the crucial grain-growing region.
Gold bar and coin purchases in this country dropped 31% year-on-year in the second quarter, making it the only Southeast Asian market to record a decline.